Dalio’s personality test: Bridgewater CEO Ray Dalio reveals the secret of success: This is how managers like Elon Musk and Bill Gates stand out from the crowd | message

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?? Bridgewater test with Musk and Gates
?? “Designer” role
?? Musk proved himself by founding SpaceX, Gates with a foundation

Personality test should provide information about leadership style

The hedge fund manager Ray Dalio has dealt intensively with the characteristics of successful leaders, as he explained to the presenter Graham Bensinger on November 16 in his podcast “In Depth With Graham Bensinger”. In this way, commonalities can often be found between personalities like Tesla CEO Elon Musk, Microsoft co-founder Bill Gates, Netflix boss Reed Hastings or the Nobel Prize-winning economist Muhammad Yunus, whom the Bridgewater CEO claims to have interviewed as part of a one-hour personality test. According to “CNBC”, Dalio has been using this for 25 years. The entrepreneur developed this himself in order to find suitable employees for his hedge fund Bridgewater Associates and to check their opportunities for advancement. Soon he wants to make the test available to the public free of charge.

Dalio praises Musk and Gates as “designers”

“Often you have people with imagination who do not work in an application-oriented manner and people who work in an application-oriented manner, but do not have a lot of imagination,” Dalio Besinger told. Elon Musk and Bill Gates would have both qualities, however. “You are passionate, unwaveringly committed […] Making discoveries, “says Dalio. In his book” Principles: Life and Work “he describes this type of executive, including Musk and Gates, as a” designer. “By this he means someone who has” unique and valuable visions and expands them in a wonderful way, typically over the doubts and resistance of others “, as” CNBC “quotes from his publication. Furthermore, this type of person shows creativity, systematic approach and application-oriented work, is also open-minded and can nevertheless Furthermore, these are “independent thinkers who let nothing or anyone stand in the way of achieving their bold goals.”

Musk shines with curiosity and the ability to learn

When Dalio carried out the said personality test with Elon Musk, he was able to score points above all with his curiosity and ability to learn. This was shown by the fact that the CEO of the electric car manufacturer Tesla sold his stake in the online payment service PayPal and invested 100 million US dollars in the space company SpaceX – and only because he was fascinated by the idea that humans could colonize Mars. In addition to the necessary capital, Musk also had to acquire the necessary basic knowledge, so that he read rocket technology for years. “I said, ‘Did you know about all this stuff?'” Said Dalio of meeting Musk. “And he said, ‘No, I was just curious. ?? His curiosity and learning from others and his imagination led him to what SpaceX has become.” Nevertheless, Musk was able to assess the limits of his knowledge and hired teams of experts made up of numerous rocket scientists and engineers.

Gates Foundation as an indicator of the role of “designer”

Microsoft co-founder Bill Gates also researched health issues for decades before he and his wife founded the Bill & Melinda Gates Foundation in 1999, which is committed to improving global health care and has already provided more than 50 billion US dollars in resources for various organizations , including the World Health Organization or UNICEF. The foundation provided more than $ 400 million to fight the corona virus alone. Gates ?? Various experts from the fields of science and medicine are available to advise on the charity project. “I think, you [Musk und Gates] I would both agree that their real advantages are that they can deal with what they don’t know even more than what they already know, “said Dalio.

According to “CNBC” representatives from Elon Musk and Bill Gates have not yet commented on Dalio’s test reports.

Finanzen.net editorial team

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